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10 Mar 23

South Dakota governor vetoes bill excluding cryptos from definition of money

South Dakota governor Kristi Noem has formally rejected legislation that would have excluded bitcoin (BTC) and other cryptocurrencies from the definition of money. Bill excluded crypto but classified CBDCs as money The legislation, known as House Bill 1193, was intended to amend provisions of South Dakota’s Uniform Commercial Code to exclude digital assets from being […]

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02 Mar 23

South Dakota proposes bill to define cryptos legally

The state of South Dakota has introduced a new bill to redefine the concept of money, particularly concerning cryptocurrencies. South Dakota’s proposed bill could affect cryptocurrency regulation The new bill titled “An Act to amend provisions of the Uniform Commercial Code” has been introduced. It proposes that digital currencies like bitcoin (BTC) should not be […]

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20 Feb 23

Illinois lawmaker floats ‘weird’ digital property protection bill

Illinois’ Sen. Rebert Peters has introduced the digital property protection act, which aims to mandate blockchain projects in the state to reverse already executed on-chain transactions when ordered by a court. The digital property protection bill Illinois Democratic party Sen. Robert .J. Peters has introduced a crypto regulation bill that aims to immunize the state’s […]

15 Feb 23

Kansas bill may limit individual crypto donations at $100

The Kansas legislature is looking into a new bill limiting individual crypto donations to $100 for elections. Under the campaign finance act, the bill will also mandate the disclosure of addresses and donors’ names. A call to regulate crypto donations Kansas lawmakers are proposing a new bill to put a $100 cap on individual crypto […]

15 Feb 23

US senator Warren to reintroduce bill on DAOs and DeFi platforms

Senator Elizabeth Warren is pushing for the reintroduction of a bill that would extend anti-money laundering (AML) regulations to decentralized autonomous organizations (DAOs) and decentralized finance (DeFi) platforms. Warren argues crypto AML exemption is a danger At the Senate Banking Committee’s hearing on Feb. 14th, 2023, titled “Crypto Crash: Why Financial System Safeguards are Needed […]

22 Jan 23

Central African Republic creates task force to draft crypto bill

The Central African Republic (CAR) government has given a 15-member team the task of drafting a crypto bill. The crypto committee is required to develop a legal structure and an ecosystem model for its citizens’ utilization of cryptocurrencies and other tokens. Crypto can help solve the country’s financial problems, CAR President denotes Faustin-Archange Touadera, the […]

13 Jan 23

Sam Bankman-Fried may be innocent says Bill Ackman

Sam Bankman-Fried has been standing with his claims that he never spent user funds at FTX. Billionaire Bill Ackman has hypothesized how Bankman-Fried could be telling the truth. However, the crypto community isn’t buying it. Bankman-Fried claims about customer funds Bankman Fried filed for bankruptcy in November 2022 following FTX’s lack of enough liquidity to satisfy […]

11 Jan 23

UK Lord demands crypto regulation as addition to financial bill

After a volatile year in the crypto space, members of the House of Lords advocated for more regulation of crypto assets. The move was in response to the Financial Services and Markets Bill (FSMB), which brings some aspects of cryptocurrency under financial regulation. Alan Smith, a member of the UK’s House of Lords and one […]

24 Dec 22

Policymakers in Russia postpone debating cryptocurrency mining bill

The Russian Parliament is delaying the passing of the recently proposed crypto mining bill, citing capital flight risks. Regulation on crypto mining stalled over capital flight fears Despite initial manifestations to the contrary, Russian legislators will consider drafting the law on virtual currency mining in 2023 rather than in December 2022. As a result […]

22 Dec 22

US Senator proposes bill for better stablecoin legislation

Outgoing Pennsylvania Senator Pat Toomey on Wednesday introduced a bill that he expects would serve as a model for stablecoin legislation in the coming year. The bill seeks to give stablecoin an immunity status from the regulatory powers of the security and exchange commission (SEC) and the Commodities Futures Trading Commission (CFTC) Senator Pat Toomey’s […]

South Dakota governor vetoes bill excluding cryptos from definition of money

South Dakota proposes bill to define cryptos legally

Illinois lawmaker floats ‘weird’ digital property protection bill

Kansas bill may limit individual crypto donations at $100

US senator Warren to reintroduce bill on DAOs and DeFi platforms

Central African Republic creates task force to draft crypto bill

Sam Bankman-Fried may be innocent says Bill Ackman

UK Lord demands crypto regulation as addition to financial bill

Policymakers in Russia postpone debating cryptocurrency mining bill

US Senator proposes bill for better stablecoin legislation

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